Budget 2025: Finance Minister can make these 5 announcements regarding taxpayers in Budget 2025
Budget 2025 is expected to provide many reliefs to the middle class and taxpayers. These reforms will not only ease personal expenses but will also give a new impetus to the country’s economy. Now it remains to be seen what steps the Finance Minister takes in this budget. Finance Minister Nirmala Sitharaman is going to present Budget 2025 on February 1. The middle class and taxpayers have many expectations from this budget. Economists and industry experts believe that if the government gives relief in income tax, then this will leave more money in the hands of the middle class and consumption will increase. Here know the 5 big steps that are expected in this budget. Budget expectations 2025 Experts believe that tax rates can be reduced for families with annual income of Rs 15-20 lakh. Under the current system, 30% tax is levied on income above Rs 10 lakh. Considering the current level of inflation, it has become necessary to reduce taxes so that the financial condition of the mid...